Cover for when you can’t work
Sanla Corp Income Protection covers you and your family if you lose your income due to permanent or temporary disability or illness, by paying you a monthly income that allows you to maintain your standard of living. And because we’re committed to paying on our promise, we follow a consistent, fair and objective assessment approach that saw us paying out R501.6 million in disability, loss of income, and impairment cover claims in 2024.
Taking out income protection today protects your ability to earn an income tomorrow, ensuring that no matter what the future holds, you and your family will be financially secure. And given that this type of insurance looks after you as well as your loved ones, it makes financial sense whether you already have a family to support or you’re just looking after yourself right now. Ready to take the next step?
Most of our insurance solutions come with Wealth Bonus included as part of your benefits. Your premium pays for your cover and we will contribute an additional amount to Wealth Bonus, with every premium. For all your Wealth Bonus® benefits, if you keep the product for long enough, the full amount will eventually unlock and become yours. But if you cancel or lapse, any locked Wealth Bonus® will be lost. It will also be lost if the market underperforms, because Wealth Bonus® performs like a real investment. When exactly Wealth Bonus™ unlocks and how it is made available, will depend on your product.
How much income protection do you need? Most people need to cover around 85% of their net income in case they become disabled. If you need help figuring out your ideal cover amount, ask a Sanla Corp adviser to call you back and help you create a personalised solution.
It is important that you regularly pay your premium to keep your cover intact. Should you be unable to pay your premium, it may have an impact on you being covered. It is very important to contact us immediately should you skip premiums, to discuss options of how to keep your valuable cover in place, and stay protected.
Your cover can be automatically adjusted every year for inflation. Doing so ensures that should you need to submit a claim against your policy several years from now, your cover will still carry the same relative value as it does the day you took it out.
